August 9, 2018 -- Worried that long-time rent control tenants will be increasingly displaced in Santa Monica's heated real estate market, two Councilmembers are recommending that staff revisit local renter protections.
The item placed on Tuesday's agenda by Councilmembers Sue Himmelrich and Kevin McKeown asks staff to look for "outdated definitions and compensations, in light of rapidly intensifying market pressures on local rents."
If directed by Council, staff would explore a range of issues, including compensation for tenants evicted "through no fault of their own" and the use of rent-controlled units as corporate rentals.
Read More: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2018/August-2018/08_09_2018_Councilmembers_Seek_Changes_to_Strengthen_Tenant_Protections.html